Business Topics

Feb 1, 2016

Key 10-year JGB yield falls to record low 0.050%

Japan’s benchmark long-term interest rate, measured by the yield on the most recent issue of 10-year Japanese government bonds, fell to a record low of 0.050 percent in interdealer trading on Monday morning. The reading for the yield on the 0.3 percent 341st issue ...

| Jan 29, 2016

BOJ move sends Tokyo stocks up

Stocks closed sharply higher on the Tokyo Stock Exchange on Friday after showing wild swings due to mixed investor reactions to the Bank of Japan’s surprise decision to introduce negative interest rates. The 225-issue Nikkei average jumped 476.85 points, or 2.8 percent, to end ...

| Jan 28, 2016

Dollar firmer around ¥118.80 in Tokyo

The dollar gained ground to move mostly around ¥118.80 in Tokyo trading late Thursday, with a wait-and-see mood growing before a Bank of Japan decision on monetary policy on Friday. At 5 p.m., the dollar stood at ¥118.77-78, up from ¥118.24-25 at the same ...

| Jan 27, 2016

Dollar solid above ¥118 in Tokyo

The dollar rose back above ¥118 in Tokyo trading on Wednesday, pushed up chiefly by surges in Tokyo and U.S. stock prices. At 5 p.m., the dollar stood at ¥118.24-25, up from ¥117.76-77 at the same time Tuesday. The euro was at $1.0869-0870, edging ...

| Jan 27, 2016

Nikkei regains 17,000 on U.S. rebound

Stocks staged a sharp rally on the Tokyo Stock Exchange on Wednesday following an overnight rebound in U.S. equities, with the Nikkei ending above 17,000. The Nikkei surged 455.02 points, or 2.72 percent, to close at 17,163.92. On Tuesday, it lost 402.01 points. The ...

| Jan 26, 2016

Dollar slips back below ¥118 in Tokyo

The dollar slipped back below ¥118 in Tokyo on Tuesday, dragged down by continued turmoil on the stock market. At 5 p.m., the dollar stood at ¥117.76-77, down from ¥118.56-56 at the same time Monday. The euro was at $1.0866-0866, up from $1.0814-0814, and ...